Mindful Trader Commentary For February 21, 2024


Hey Guys,


The market is down some more since my last email. The S&P 500 is around 4,960 right now.


I picked up a couple new positions today. In the options account, I bought options for SPY. In the double down account, I bought stock for FTNT.


I often feel some excitement when one of the market index ETFs sets up for my trading strategy, like SPY did for that option trade today. In my mind, that's a signal that the whole market might be in a prime pullback buying opportunity. It will be fun to see how the trade turns out.


There are some other tickers from the watch list that have been really close to triggering all morning. I have buy limit orders in for NFLX and CAT stock, for example. They just haven't been filled just yet. I set the limit price as the Potential Entry price listed on the watch list.


If you have any questions or feedback, I'd love to hear from you.


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